BlockBeats News, January 20th, according to GMGN monitoring, on the Solana blockchain, the Meme coin WhiteWhale was suddenly sold off around 0:00 today, with its market value dropping from approximately $50 million to near $20 million in about 5 minutes, a plummet of about 60%. At the time of writing, its market value has rebounded to $37 million, with the current price around $0.038, a 24-hour drop of 36%.Monitoring data shows that this decline was triggered by massive sell-offs from multiple addresses on the holding leaderboard. The addresses (6kas...), (5tf1...), (5AAn...) started selling off a total of over 48.36 million tokens in a short period starting at 0:27, with a total value of about $1.6 million, causing significant selling pressure on the token price in a short time.There are many other Meme coins in the current market with the same name. The token with the highest liquidity currently has the contract address:「WhiteWhale」: a3W4qutoEJA4232T2gwZUfgYJTetr96pU4SJMwppumpBlockBeats reminds users that Meme coin trading is highly volatile, often relies on market sentiment and hype, has no actual value or use case, and investors should be aware of the risks.